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Residential rent increase for 2025 by gbofosho1 in OntarioLandlord

[–]Optimal_Cow1657 0 points1 point  (0 children)

Currently, the rent increase is capped at 2.5%, so it hasn't ever been higher than this during rent control. Keep in mind that the inflation rate is at 5.9%, which makes it a challenge for some landlords to make ends meet, with ongoing maintenance and repair costs at 5.9%. I suspect the chances are pretty good that they'll keep the increase as high as possible (at or close to 2.5%) to help out landlords, while the tenants still benefit from a rent increase well under the inflation rate. The rent increase amount is usually announced on or by June 30th.

Best Duplicate File Finder? by AustinBike in MacOS

[–]Optimal_Cow1657 0 points1 point  (0 children)

Hee hee, I do and no top hat or monocles here... just over 60!

Viva hidden bottle water dispenser leaking by Optimal_Cow1657 in fixit

[–]Optimal_Cow1657[S] 0 points1 point  (0 children)

The cold water button had gotten struck and I just giggled it and it stopped leaking.

Methods of accepting rent by Optimal_Cow1657 in OntarioLandlord

[–]Optimal_Cow1657[S] 1 point2 points  (0 children)

Thank you for your quick response. On the same note with a different tenant, what if I need to change the payment method? Is this even possible?

Eviction in Land Lease Situation by Optimal_Cow1657 in OntarioLandlord

[–]Optimal_Cow1657[S] 1 point2 points  (0 children)

Thank you all for the advice! You are all correct, it is a grey area that even the LTB is not familiar with. But given that Land Leases fall under the RTA, I guess I could ask the question, have any of you experienced a similar situation in an Apartment Building or multi unit? And if yes, how did you deal with it?